'Buy Zones' For The DIY Portfolio, Part 4b: Consumer Discretionary

Sat, 05/26/2012 - 20:56 EDT - Seeking Alpha

By Parsimony Investment Research:We posted Part 4 of our "Building A DIY Dividend Portfolio" series Friday, which highlighted our top-ranked dividend stocks in the Consumer Discretionary sector (see summary table below).As we highlighted in Part 4, we believe that patiently waiting for a low-risk entry point for a given stock will drastically improve your long-term investment results. Just because a stock has a high Parsimony composite rating, it doesn't necessarily mean that you should run out and purchase it that day. We scan the charts of our top-rated stocks daily looking for strong levels of support and resistance, which ultimately helps us determine a target "Buy Zone" for each stock.Tactical Strategy for the DIY Dividend Portfolio
As a follow up to Part 4 (Part 4b, if you will), below are our target "Buy Zones" for each of these top-rated Consumer Discretionary stocks. For the most part, Consumer Discretionary stocks have pulled-backComplete Story »

By Parsimony Investment Research:At Parsimony Investment Research, we use a combination of fundamental and technical analysis to determine which stocks to buy and when to buy them. For dividend stocks in particular, we have a proprietary rating system that ranks over 700 U.S. dividend stocks on a weekly basis. We scan the charts of our top-rated stocks daily looking for strong levels of support and resistance, which ultimately helps us determine a target "Buy Zone" for each stock.

By Parsimony Investment Research:
Building A DIY Dividend Portfolio
We are almost completed with our 9-part series highlighting our top-ranked dividend stocks within each of the sectors below (see links for previous articles):

By Parsimony Investment Research:Whether you are new to dividend investing or you are a seasoned pro, it's likely that your main goal is to build a long-term portfolio that generates consistent income over time with as little volatility as possible. That said, over the past few months we published a 10-part series that should help you build your own 6% DIY Dividend Portfolio for 2013 (see links below).

By Parsimony Investment Research:Whether you are new to dividend investing or you are a seasoned pro, it's likely that your main goal is to build a long-term portfolio that generates consistent income over time with as little volatility as possible. That said, over the next few weeks we will continue publishing our 10-part series which should help you build your own 6% DIY Dividend Portfolio for 2013.